Nordex Rebrands Underground Loader Systems as the Scorpion(s) and Realizes Return on Investment in 1st Quarter of 2014
15 April 2014 - 11:00PM
Marketwired
Nordex Rebrands Underground Loader Systems as the Scorpion(s) and
Realizes Return on Investment in 1st Quarter of 2014
KIRKLAND LAKE, ONTARIO--(Marketwired - Apr 15, 2014) - NORDEX
EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX-VENTURE:NXX)
is pleased to announce the completion of the extensive development
and positive field testing of the Scorpion Underground Loader
Systems ("Scorpion"); a robotic arm bulk emulsion explosives
loading system for use in underground mining operations. The
Scorpion is a proprietary system designed, built and owned by
Nordex that allows for a safer and more cost effective method of
delivering exclusive Normite bulk emulsion products to the blast
hole.
The Scorpion comes with a complete underground carrier, robotic
loading arm and in-system camera so operators can maintain a safe
distance from the rock face and blast area.
An extended period of field testing and objective comparisons to
competitive units by Nordex and existing customers has demonstrated
the superiority of the Scorpion. In particular, the results in
up-hole loading applications using specially formulated Nordex
emulsion products exceeded expectations. Nordex has invested
considerable resources and dedicated over 18 months of ongoing
development time to achieve these results.
The Scorpion became commercially viable in January and
accordingly Nordex started to receive a return on investments from
this project during the 1st quarter of 2014.
The Scorpion is compatible with the quality control philosophies
of Nordex whereby all products are blended and mixed at the
production facility and not out in the field. The Nordex philosophy
was developed to guarantee the consistency and quality of its
products.
This Scorpion Systems were designed and built with the
assistance of the Kirkland Lake Community Development Corp and
FEDNOR. Further information on the Scorpion can be viewed on the
Corporation website at:
http://www.nordexexplosives.com/index.php?nav=122&page=110
About Nordex
Explosives
Nordex Explosives Ltd. is a Canadian based manufacturer and
distributor of explosives for the mining, quarry and construction
industries since 1970. Its manufacturing operations and
distribution centre is strategically located in one of the world's
largest mining regions near Kirkland Lake, Ontario. Nordex is the
exclusive supplier of the "Buttbuster" perimeter control explosive
products in Canada. Additional information can be found at
www.nordexexplosives.com.
Neither the TSX Venture nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture)
accepts responsibility for the adequacy or accuracy of this
release.
Capital Ideas IRDean Stuart403 517
2270dean@boardmarker.netNordex Explosives Ltd.Jim TaylorPresident
and CEO705 642 3265 extension 203jtaylor@nordexexplosives.com
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